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listing
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Residential IncomeFor Sale
$8,350,000
175 Santa Rosa Ave
Oakland, CA 94610
Listed by Timothy Warren DRE#02008347 [email protected] Nai Northern California
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$43,201/mo

175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

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Information courtesy of Nai Northern California is subject to verification and is not guaranteed.
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